Do I Qualify for Bankruptcy in Federal Way?

For folks living in Federal Way, Washington who are dealing with severe financial trouble, bankruptcy offers a way to get a fresh start. In Washington, you can file for bankruptcy if you qualify, and you must live in the federal district from which you file for 90 days. If you're living in Federal Way, bankruptcy cases are under the jurisdiction of the United State District Court for the Western District of Washington.

Whether you can file for bankruptcy depends on a variety of factors, including the amount of money you make and the amount of debt you owe. Your King County bankruptcy lawyer will help you ascertain whether petitioning the court for bankruptcy makes sense and, if so, whether to file Chapter7 or Chapter 13. You can't file Chapter 7 if you've already filed within the last eight years.

To find out whether you qualify, contact our law office in Federal Way and get more information about bankruptcy debt relief. Talk to one of our experienced lawyers without cost or obligation and start getting solutions to money problems that won't go away.

• Before filing for bankruptcy in King County, you are required to take a credit counseling course
• If you're earnings are near the median Washington household income, you may need to take a means test
• In Chapter 13 bankruptcy situations, you must earn enough money to keep up with monthly payments on consolidated debt
• You must attend hearings in federal court, so let our experienced Federal Way bankruptcy lawyers help you every step of the way

If phone calls from debt collectors have you wondering how you'll ever catch up on your bills, bankruptcy may provide a means of finding relief. Petitioning the court for bankruptcy immediately stops all debt collection, harassing phone calls, wage garnishment, car repossession, and home foreclosure. It also starts a process that will ultimately determine the success of your petition, and how much debt is discharged.

Our bankruptcy lawyers in Federal Way handle countless cases in the State of Washington every year, and can usually determine whether you qualify after we get some basic information about your finances. If stopping the endless cycle of mounting debt is something you would like to learn more about, contact our office for guidance.

Your credit counseling class will provide you with information that can be used to determine whether bankruptcy is your best choice. If you choose to proceed, your lawyer will petition the bankruptcy court on your behalf.

If you earn below the median Washington household income for your family size, Chapter 7 bankruptcy may offer you the best solution. Chapter 7 bankruptcies make it possible to discharge most or all of your unsecured debt. Even credit card obligations and medical bills are included.

If you make too much money annually to file Chapter 7, Chapter 13 bankruptcy may still allow you to get your debt under control. To qualify for Chapter 13 bankruptcy in Federal Way, you must be able to make monthly payments on debt for up to five years after it is consolidated. Some or all of your unsecured debt (credit cards, medical bills, etc.) may be discharged after you're entirely finished with your payments.

Filing for bankruptcy in Washington State is usually straightforward, and your attorney can go over the details whenever you're ready. If ever-growing debt is making you feel like you've run out of options, seek financial relief with help from one of our experienced bankruptcy lawyers in King County.

Filing for bankruptcy does not make you a failure. It proves that you are taking control of finances and doing what you can to create a fresh start for you and your family. Contact a Federal Way bankruptcy attorney today to find out whether you qualify.